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Is Philip Morris International (PM) Outperforming Other Consumer Staples Stocks This Year?
PMIPMI(US:PM) ZACKSยท2024-09-27 14:40

Group 1 - Philip Morris (PM) is a notable stock in the Consumer Staples sector, which consists of 184 individual stocks and holds a Zacks Sector Rank of 9 [1] - PM has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for its full-year earnings increasing by 2% over the past quarter [2] - Year-to-date, PM has returned approximately 28.5%, significantly outperforming the Consumer Staples sector average return of 10.4% [2] Group 2 - Another strong performer in the Consumer Staples sector is Pilgrim's Pride (PPC), which has achieved a year-to-date return of 55.8% [2] - The consensus estimate for Pilgrim's Pride's current year EPS has risen by 12.7% in the last three months, and it holds a Zacks Rank of 1 (Strong Buy) [3] - Philip Morris is part of the Tobacco industry, which includes 6 stocks and currently ranks 15 in the Zacks Industry Rank, with an average gain of 30.5% year-to-date, indicating PM is slightly underperforming its industry [3]